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this is one question. Instructions For preparing the adjusting entries, the following data were assembled . Fees eaned but unbilled on June 30 were $9,970
this is one question.
Instructions For preparing the adjusting entries, the following data were assembled . Fees eaned but unbilled on June 30 were $9,970 Supplies on hand on June 30 were $4,550 Depreciation of equipment was estimated to be $6,090 for the year. The balance in unearned fees represented the June 1 receipt in advance for services to be provide were provided Unpaid wages accrued on June 30 were $4,780 d. During June, $15.260 of the services Required 1. Journalize the adjusting entries necessary on June 30, 2019. Refer to the Chart of Accounts for exact wording of account titles. 2. Determine the revenues, expenses, and net income of Milbank Repairs & Service before the adjusting entries 3. Determine the revenues, expenses, and net income of Milbank Repairs & Service after the adjusting entries 4. Determine the effect of the adjusting entries on Nancy Townes, Capita!. Type here to search Milbank Repairs &Service UNADJUSTED TRIAL BALANCE June 30, 2019 ACCOUNT TITLE DEBIT 10,310.00 67,890.00 CREDIT Cash 2 Accounts Receivable Supplies 4 Equipment s Accounts Payable 6 Unearned Fees 7 Nancy Townes, Capital 8 Nancy Townes, Drawing 9 Fees Earned 10 Wages Expense 11 Rent Expense 12 Utilities Expense 13 Miscellaneous Expense 14 Totals 11,740.00 16,080.00 18,280.00 112,820.00 13,880.00 299,210.00 94,230.00 72,460.00 51,660.00 8,070.00 446,390.00 446,390.00Step by Step Solution
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